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How AI is reshaping model risk governance 

Mon January 27, 2020 12:08 PM

Alex Jones, offering manager at IBM Watson OpenScale, charts the rise of artificial intelligence (AI) and machine learning in model development and discusses the challenges of these technologies in relation to model risk governance. Among the key issues Jones raises are the difficulties of explaining increasingly complex ‘black box’ algorithms, the risks of model bias due to unintentional correlations and how real-world data can present problems for outdated models.

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